Needham Upgrades Applied Mat to Buy, Announces $180 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has upgraded Applied Mat (NASDAQ:AMAT) from Hold to Buy and announced a price target of $180.
October 13, 2023 | 10:04 am
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Applied Mat's stock has been upgraded to Buy from Hold by Needham, with a new price target of $180.
The upgrade from Hold to Buy indicates a positive outlook for Applied Mat's stock. The new price target of $180 suggests that the analyst expects the stock to rise in the short term. This could potentially lead to increased buying pressure, driving the stock price up.
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